Power Grid Corporation of India Ltd
POWERGRID

194.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

195.40

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

195.95

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Buy
Reco. Price
Rs 193.70
We recommend a BUY on the scrip as we expect PAT to improve by 25% in FY17E. This will be driven by company exploiting its dominant position in a regulated market and reap benefits of increased capex. Stock is currently trading at FY17E P/E of 14.3x and EV/EBITDA of 7.8x. (Target Price = Rs 232.1)
Detailed View
50 DMA (.)
198.29
100 DMA (.)
191.08
200 DMA (.)
181.40
Weekly Range (.)
191.45
195.60
Monthly Range (.)
188.00
200.00
52 Weeks Range (.)
136.50
209.25
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